There are 15 land joint venture in Freedom Way as of 15 Sep 2026. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.
1–15 of 15 properties joint venture
Residential land joint venture
1263sqm Land available for JV & Outright Sale at Ikate Elegushi Off Freedom Way, Ikate Elegushi Lekki Phase 1, Lagos Proposed: Blocks of Flat Land Value: N1.3bn Title: Governor's Consent Sharing Ratio: 50/50 Smart investment Opportunity for serious developers only
Residential land joint venture
100% Closeable joint venture Land for jv at Lekki foreshore estate Size: 2000sqm Proposal: 40 Units of 2 Bedroom Luxury Apartments Duration: 20 Months Sharing: 50/50 Value: 2Billion Premium: 100M Net Title: C of O Facilitator Fee: 10% Note that we need a capable developer that has done something in Lekki, V/I and Ikoyi before.
Residential land joint venture
Absolutely stunning corner piece land measuring 2400sqm available for joint venture development on freedom way, within a gated secured estate lekki phase one. Size: 2400sqm Land value: 1.2m per sqm Title: C of O Facilitator's fees: 10% Proposal: Block of flats (32-40 units of apartment) Premium: Nil Sharing: 50/50 I'm dealing with semi mandate.
Residential land joint venture
Alma Beach Estate, Ikate, Lekki. Joint Venture. 1,200 SQM. ₦1,500,000,000 Asking. Certificate of Occupancy. Minimum 16 Flats. Sharing Ratio Open to Proposal. Before You Read the Rest of This Listing, Read This: The Price Needs an Answer the Description Doesn't Give. The problem There's a category of Ikate JV land where two nearly identical parcels --- same size, same title type, same general corridor --- can carry wildly different asking prices, and the only way a developer finds out is by actually comparing them side by side instead of taking one listing's number at face value. Most JV land search happens the opposite way. A developer sees an address they recognize --- Alma Beach Estate, Ikate, oceanfront-adjacent --- reads a plausible unit count, and starts modelling a proposal before checking what an essentially identical footprint is trading for two streets over. That's how a developer ends up structuring an equity split against a land value that's double the market's going rate for the same size plot in the same neighborhood. This listing is 1,200sqm, Alma Beach Estate, Ikate. Certificate of Occupancy. ₦1,500,000,000 asking. A minimum of 16 flats requested. Before running a single unit-economics model, the honest first step is putting this number next to what else is trading on the exact same footprint in the same corridor right now. The agitation Here's what that comparison actually shows, and it's not subtle. A separate 1,200sqm JV parcel in Ikate --- the identical size, the identical Lagos C of O title, a 50/50 sharing structure and a 10% facilitator's fee --- is listed at ₦600,000,000. That works out to approximately ₦500,000 per sqm. A 1,000sqm parcel behind Pinnacle Marwa, Ikate, on Governor's Consent, is asking ₦650,000,000, or ₦650,000/sqm. A 1,192sqm corner piece at Itedo Estate off Freedom Way, Ikate, is asking ₦500,000,000 plus a ₦40,000,000 premium --- approximately ₦419,463/sqm all-in. A larger 3,512sqm parcel on Gbangbala Street, Ikate, sand-filled and fenced, is asking ₦650,000/sqm. This listing --- 1,200sqm at ₦1,500,000,000 --- works out to approximately ₦1,250,000 per sqm. Against four independently listed Ikate JV comparables clustering between ₦419,463 and ₦650,000 per sqm, that's not a modest premium. It's roughly double to triple the corridor's going rate on land of comparable or larger size. Is there a legitimate reason for that gap? Possibly. Alma Beach Estate specifically markets itself on proximity to the Ikate-Elegushi oceanfront, and a genuine beachfront or near-beachfront position inside a gated estate can command more than raw JV land elsewhere in Ikate. A 10,000sqm outright parcel at Alma Beach Estate, described as fenced and near the ocean front, sold for ₦700,000,000 total --- which on a per-sqm basis is actually far cheaper than this listing (≈₦70,000/sqm), though outright sale pricing on a much larger, likely undeveloped parcel isn't a clean apples-to-apples comparison against a 1,200sqm JV plot. What that comparison does confirm is that Alma Beach Estate itself isn't inherently a premium-priced address in every transaction type --- which makes the ₦1,250,000/sqm rate on this specific 1,200sqm JV parcel even harder to explain without a specific justification from the seller: exact plot position, direct beach frontage, or a stated reason this parcel differs materially from the ₦419,463--₦650,000/sqm Ikate comparables above. We're not resolving that question for you. A developer evaluating this deal should ask the agent directly, in writing, what specifically justifies this parcel's rate against the four comparables cited --- and should not proceed to a sharing-ratio proposal until that answer holds up. The solution 1,200 square metres, Alma Beach Estate, Ikate, Lekki. Certificate of Occupancy. ₦1,500,000,000 asking value. Minimum proposal: 16 flats. Sharing ratio open to developer proposal. Premium: 10% of value. Facilitator's fee: 10% of value. Here is what a developer should actually evaluate before proposing terms: A specific, checkable unit benchmark. Sixteen flats minimum on 1,200sqm gives a concrete density target to model --- verify feasible floor count and permitted density with Lagos State planning before committing to a sharing ratio, since the 16-unit figure needs to be tested against actual buildable floor area, not accepted as automatically achievable. Certificate of Occupancy. A recognized title instrument. Confirm it's a full C of O and not a lesser instrument like the Governor's Consent or Elegushi C of O seen on comparable Ikate parcels --- title type materially affects how this parcel should be valued against the comparables above. Alma Beach Estate, Ikate. A named estate address with genuine proximity to the Ikate-Elegushi oceanfront corridor --- a real locational asset, but one whose actual premium over generic Ikate JV land needs to be demonstrated with this specific parcel's exact position, not assumed from the estate name alone. Open sharing ratio. The owner hasn't fixed the equity split --- genuine room for a developer to structure a ratio around their real construction cost basis, provided the underlying land valuation used to anchor that ratio is itself defensible. Combined 20% transaction cost on a disputed base value. The 10% premium and 10% facilitator's fee are both calculated on the ₦1.5B asking value --- meaning if that base value is inflated relative to the corridor's actual going rate, the fees compound the overpayment rather than simply sitting on top of a fair number. Why the comparables matter more than the address here. A developer proposing a sharing ratio against an inflated land value effectively gives away more of the completed development's equity than the land is actually worth. Anchoring the negotiation to the ₦419,463--₦650,000/sqm range already trading in Ikate --- and asking the seller to justify anything above it --- protects the developer's actual return before a single foundation is poured. The call to action 1,200sqm. Alma Beach Estate, Ikate, Lekki. ₦1,500,000,000 asking --- well above the ₦419,463--₦650,000/sqm range currently trading on comparable Ikate JV parcels. C of O. Minimum 16 flats. Sharing ratio open to proposal. 10% premium, 10% facilitator's fee. The buyer for this parcel is a developer who will not accept the asking value at face value, and who will require the agent or owner to justify it directly against the four comparables cited above before structuring any sharing-ratio proposal. Call or WhatsApp Smilebay Realties: +234 901 517 4801 and ask specifically: what justifies this parcel's per-sqm rate against comparable Ikate JV land currently trading at less than half this price? Serious developers only. Request the specific justification for the asking price, in writing, before proposing terms. The unit count is already set at a minimum of 16. The title is stated as C of O --- confirm that in writing before anything else. The number that actually matters isn't the asking price on this page. It's whether anyone can justify the gap between it and everything else trading two streets over. Land Type: Residential Land --- Joint Venture Size: 1,200 sqm Asking Value: ₦1,500,000,000 (≈₦1,250,000/sqm --- flagged as significantly above corridor comparables; verify justification before proceeding) Proposal Requirement: Minimum 16 flats Sharing Ratio: Open --- developer to propose Title: Certificate of Occupancy (C of O) --- confirm instrument type in writing Premium: 10% of value Facilitator's Fee: 10% of value Location: Alma Beach Estate, Ikate, Lekki, Lagos (Meadow Hall axis) NPC/Market Comparable Context (Ikate JV land): 1,200sqm, Ikate, Lagos C of O, 50/50 sharing --- ₦600,000,000 (≈₦500,000/sqm) 1,000sqm, behind Pinnacle Marwa, Ikate, Governor's Consent --- ₦650,000,000 + ₦50M premium (≈₦650,000/sqm) 1,192sqm corner piece, Itedo Estate off Freedom Way, Ikate --- ₦500,000,000 + ₦40M premium (≈₦419,463/sqm) 3,512sqm, Gbangbala St, Ikate, Governor's Consent, sand-filled --- ≈₦650,000/sqm (₦2,282,800,000) 10,000sqm, Alma Beach Estate, oceanfront, outright sale --- ₦700,000,000 (≈₦70,000/sqm) This listing: 1,200sqm, Alma Beach Estate, Ikate --- ₦1,500,000,000 (≈₦1,250,000/sqm) Posted: 31 August 2026 Listed by: Smilebay Realties Limited --- Ref: #364-931-7
Residential land joint venture
Closeable joint venture Location: Belavista Estate, Along Freedom way, Lekki phase 1, Lagos. Land size:- 2,000sqm Land value:#1.5m/sqm Title:- Gov Consent Premium:- #500m Proposal:- the land owner wants Teraces Sharing ratio:- 50/50 Facilitators' fee:-10% of total land value net The mandate don't want long chain The land owner prefers a capable developer that'll execute the project without delay procedure Loi, company profile, project proposal and facilitators' fee's letter, all must be written on the letter head papers of the developer's company & signed by himself alone.
Residential land joint venture
1300SQM joint venture opportunity - orange island, lekki - Location: Orange Island, Freedom Way, Lekki - Land Size: 1,300sqm - Title: Certificate of Occupancy (C of O) Agency fee: 10% - Development: 2 Units of Contemporary Detached Luxury Houses - Concept: Modern, elegant and high-end residential development - Opportunity: Joint Venture - Investment Appeal: Prime location with strong luxury residential demand - Development Potential: Two premium homes designed for maximum market appeal and value - Location Advantage: Prestigious neighbourhood with excellent accessibility and proximity to key destinations in Lekki a rare opportunity to transform 1,300sqm of prime land into two exceptional luxury homes in one of Lekki's most sought-after locations. Orange Island, Freedom Way
Residential land joint venture
Semi direct brief For JV ikate, lekki Size: 2,000sqm residential labd Bella Vista Estate on freedom way, Lekki Phase 1 1.3m per sqm Governor's Consent Location link: https://maps.app.goo.gl/7TVBmPWEet8poQBUA Proposal: 12 unit of premium Terraces Facilitator's fee: 10% Premium: 500m net (Not refundable) Link: I'm dealing with the mandate
Residential land joint venture
Joint venture (JV) Off Freedom Way, Ikate, Lekki, Lagos.. 1,034 square metres bareland in a well built up area with a lots of developments on going. (Owner has an existing drawing on ground already) Title: CofO. Value: ₦1.5b Proposal: 5/6 floors of 2/3 bedroom flat with penthouse 2 Sharing formular: 50/50. Facilitator's fee: 10%
Residential land joint venture
JV.Opportunity Lekki Phase 1. Area :1,284 square meters. Title:C of O. Land Value:₦2.5 Bn. Sharing formula: @ 60:40 Premium:₦100m Proposal:22Nos.of 2 & 3 Bedrooms Flat. Facilitators fee:10% Requirements: Loi. Company's Profile Proposal. Any other will be discussed with the Owner.
Residential land joint venture
Absolutely stunning Corner piece land measuring 2400sqm available for joint venture development on freedom way, within a gated secured estate lekki phase one. Size: 2400sqm Land value: 1.2m per sqm Title: C of O Facilitator's fees: 10% Proposal: Block of flats. (32-40 units of apartment) Premium: Nil Sharing: 50/50 Link: I'm dealing with semi mandate Ado$$
Residential land joint venture
Semi direct brief For jv/sales ikate, lekki Size: 1,263sqm Behind dome, off freedom way, ikate 950K per sqm Deed and consent Location link: https://maps.app.goo.gl/H8MEH1rHj5snech78 Proposal: 22 units of 2bedrooms and 2 units of 3bedroom pent house Facilitator's fee: 10% premium: 100million Sharing: 60/40 in favour of developer I'm dealing with the mandate @adek$$
Residential land joint venture
Absolutely stunning corner piece land measuring 2400sqm available for joint venture development on freedom way, within a gated secured estate lekki phase one. Size: 2400sqm Land value: 1.2m per sqm Title: C of O Facilitator's fees: 10% Proposal: Block of flats. (32-40 units of apartment) Premium: Nil Sharing: 50/50 Link: I'm dealing with semi mandate @adek$$
Residential land joint venture
J.V land brief Location: Off Freedom way Lekki phase1 Lagos. Land size: 800 square meters. Title: C of O/ Governor's Consent is in-view Proposal: 14 units of 2-bedroom and 2 units of 3Bedrooms paint House of 5 floors Value: 800m per sqm Sharing: 50%/50% Premium: No Premium Broker fee: 10% of Land Value Procedure: - Letter of Intent - Company's Profile - Proof of Funds - Past Projects Details - An official Letter, agreeing to 10% Broker Fee.
Residential land joint venture
JV available Off freedom way in a gated neighborhood 939sqm 14 unit of 2 bed and 2 unit of 3bed penthouse Land value 1b Facilitators fee is 10 percent Beer
Residential land joint venture
Hot joint venture Joint venture development at of freedom way, I kate Size: 1263sqm Location: Off Freedom Way, Lekki Phase 1 Proposal: 22 units of mixed apartments Land value: #1.5b Facilitator fees: 10% Title: Governors consent
Showing 1–15 of 15 properties
Lekki is a city located in the eastern part of Lagos. Lekki is a naturally formed peninsula, adjoining to its west Victoria Island and Ikoyi districts of Lagos, with the Atlantic Ocean to its south, Lagos Lagoon to the north, and Lekki Lagoon to its east; however, the city's southeast which ends at around the western edge of Refuge Island, adjoins the eastern part of Ibeju-Lekki LGA.
The peninsula is approximately 70 to 80km long, with an average width of 10km. Lekki currently houses several Estates, gated residential developments, agricultural farmlands, areas allocated for a Free Trade Zone, with an airport, and a sea port under construction. The proposed land use master plan for the Lekki envisages the Peninsula as a "Blue-Green Environment City", expected to accommodate well over 3.4 million residential population and an additional non-residential population of at least 1.9 million.
There are 15 available residential land joint venture on Freedom Way, Lekki, Lagos. You can view and filter the list of property by price, furnishing and recency.
Prices for residential land joint venture on Freedom Way, Lekki, Lagos range from ₦950,000 to ₦3,000,000,000.
